Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

GDX vs GDXJ: which is really different?

GDX and GDXJ hold 37% of their weight in the same names, and GDXJ returned more over the year.

VanEck Gold Miners ETF and VanEck Junior Gold Miners ETF, side by side, thematic ETFs on ETFIQ.

11.0%GDX in the S&P 500
0.0%GDXJ in the S&P 500
+40.2%GDX total return, 1 year
+42.4%GDXJ total return, 1 year

ETFIQ Off-Index Score: GDXJ scores higher

How much of it is not the index it is sold as an alternative to?

GDX 76.8GDXJ 91.40.1, the lowest in this set91.4, the highest

A percentile among the 349 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

GDX89% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
11%89%inof its weight outside the S&P 500active share 100% · top ten 58% of the fund · 59 holdings filed Sep 10, 2026 · Nasdaq-100: 0% in11%89%inof its weight outside the S&P 500active share 100% · top ten 58% of the fund
GDXJ100% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 42% of the fund · 110 holdings filed Sep 10, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 42% of the fund

37% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, GDX and GDXJ hold 37% of their money in the same securities at the same weight.

Positions GDX and GDXJ both hold, largest shared weight first
HoldingGDXGDXJ
Coeur Mining Inc2.38%5.15%
Alamos Gold Inc1.89%6.23%
Evolution Mining Ltd1.65%6.38%
Industrias Penoles SAB de CV1.52%2.89%
First Majestic Silver Corp1.43%2.72%
Endeavour Mining PLC1.39%5.33%
Hecla Mining Co1.38%2.63%
IAMGOLD Corp1.38%2.62%
Eldorado Gold Corp1.31%2.49%
Equinox Gold Corp1.27%6.28%
Harmony Gold Mining Co Ltd1.08%2.06%
Lundin Gold Inc1.02%1.94%
Largest positions each one holds and the other does not
Only in GDXOnly in GDXJ
Agnico Eagle Mines Ltd 10.67%Triple Flag Precious Metals Corp 0.77%
Newmont Corp 10.42%Allied Gold Corp 0.62%
Barrick Mining Corp 7.95%Perpetua Resources Corp 0.62%
Wheaton Precious Metals Corp 5.61%Emerald Resources NL 0.62%
Anglogold Ashanti Plc 5.04%Merdeka Gold Resources Tbk PT 0.61%
Franco-Nevada Corp 4.89%Novagold Resources Inc 0.55%
Kinross Gold Corp 4.40%Southern Cross Gold Consolidated Ltd 0.52%
Gold Fields Ltd 4.07%Pan African Resources PLC 0.51%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.

Performance, window by window

GDX and GDXJ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GDXGDXJGDXGDXJGDXGDXJ
3 months+21.3%+20.3%+18.0 pts+17.0 pts+22.1 pts+21.1 pts
6 months+4.1%+1.2%−11.9 pts−14.8 pts−16.6 pts−19.5 pts
1 year+40.2%+42.4%+22.7 pts+24.9 pts+17.2 pts+19.4 pts
3 years+249.2%+284.5%+171.3 pts+206.6 pts+154.1 pts+189.4 pts
Since launch+137.2%+65.3%−667.2 pts−739.1 pts−1536.8 pts−1608.6 pts
Open the live comparison on ETFIQ
GDX and GDXJ on the same fields, as of Sep 11, 2026. Source: ETFIQ.
GDX
VanEck Gold Miners ETF
Holds 59 stocks in miners and metals, 11% of its weight in S&P 500 companies
GDXJ
VanEck Junior Gold Miners ETF
Holds 110 stocks in miners and metals, 0% of its weight in S&P 500 companies
IssuerVanEckVanEck
ThemeMiners and metalsMiners and metals
In the S&P 50011.0%0.0%
Active share vs the S&P 50099.8%100.0%
In the Nasdaq-1000.0%0.0%
Holdings59110
Top ten, share of the fund58.2%42.4%
Expense ratio0.51%0.52%
Fee for the differing part0.51%0.52%
Total return, 1 year+40.2%+42.4%
vs the S&P 500+22.7 pts+24.9 pts
vs the Nasdaq-100+17.2 pts+19.4 pts
Below its high−16.2%−19.7%

GDX in plain words

By weight, 11% of GDX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 58% of the fund across 59 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +40.2% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 22.7 pts. It sits 16.2% below its all-time high of Feb 27, 2026.

GDXJ in plain words

By weight, 0% of GDXJ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 42% of the fund across 110 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +42.4% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 24.9 pts. It sits 19.7% below its all-time high of Feb 27, 2026.

Questions people ask

Do GDX and GDXJ hold the same stocks?
By their latest filings, 37% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, GDX or GDXJ?
GDX has 11% of its weight in S&P 500 names and GDXJ has 0%, so GDXJ differs more from the index.
Which is cheaper, GDX or GDXJ?
GDX charges 0.51% a year and GDXJ charges 0.52%, so GDX is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GDX against GDXJ, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GDX against GDXJ, data as of Sep 11, 2026. https://etfiq.com/compare/themes/GDX-GDXJ Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources